Previous close | 18,298.72 |
Open | 18,255.35 |
Volume |
Day's range | 18,218.54 - 18,428.88 |
52-week range | 14,630.21 - 18,892.92 |
Avg. volume | 62,885,887 |
The FTSE 100 and European stocks rebounded after a recent rout that has seen a shift away from AI and tech stocks.
Traders are ramping up bets on the Bank of England cutting interest rates this summer amid optimism that the US Federal Reserve is poised to begin reducing borrowing costs in America.
China's back-to-back interest-rate cuts signal urgency to shore up growth after the recent Communist party plenum offered little support to the nation's flagging economy.